Market, Banks & Misc
This market continues to defy prognostication. For about 5 quarters now, the financial industry has been saying: no recession, nothing to see here! OR: OMG it’s an economic maelstrom!
SVB & Then Some
Earlier in the week we sent you some perspective on the Silicon Valley Bank failure. This a follow up to that piece to speculate about the direction for interest rates and the economy, the odds we’ll see other bank failures and the prospects for the markets.
Bank Failures? Financial Crisis part Deux? Probably Not…
A lot of clients touched base to talk about the failure of Silicon Valley Bank. They had smart questions about what this means for their banks and for the financial system in general. I thought we could share some things from those discussions. You might have the same questions.